§ 111.07 USE OF FUNDS.
   (A)   A reasonable percentage of total income from all sources shall be applied to programs and activities directly related to the purposes for which the organization exists.
   (B)   A reasonable percentage of public contributions shall be applied to the programs and activities described in solicitations, in accordance with donor expectations.
   (C)   Fund raising costs shall be reasonable.
   (D)   Total fund raising and administrative costs shall be reasonable.
   (E)   Soliciting organizations shall substantiate on request their application of funds, in accordance with donor expectations, to the programs and activities described in solicitations.
(`83 Code, § 5-307) (Ord. 96-25, passed 8-26-96; Am. Ord. 2001-07, passed 4-23-01)